Original EZ Tax Abatement Granted to Baker Properties

Wooster’s original 2018 Enterprise Zone Agreement granted Baker Properties Mt. Vernon Ltd. a 10‑year, 75% real property tax abatement to build a 120,000-square-foot warehouse with significant private investment and job creation. That agreement has since been amended and assigned, transferring Baker’s role to new ownership while keeping the incentive structure intact through 2028.

Scope & details

The full contract record, as filed.

Contract amount

Tax exemption of 75% of real estate taxes on improvements, not less than $1,200,000 and up to $3,500,000 investment

Contract type

FINANCIAL_SERVICES

Contract term

10 years, commencing first tax year after improvements (commenced tax year 2019, ending December 31, 2028) with operations obligation through December 31, 2038

Renewal date

2028-12-31

Renewal

Original agreement established a fixed 10‑year abatement period from tax year 2019 through December 31, 2028 and required maintaining operations in Wooster through December 31, 2038. Amendment #1 in 2022 added tenants as parties, and the 2026 assignment shifts the Enterprise role to Triple J 1909 LLC and COMPAK LLC; no extension of the abatement term is provided.

Document type

AgendaPacket

Source document

City of Wooster City Council Agenda Packet May 18 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Wooster?

Baker Properties Mount Vernon Ltd was awarded this financial services contract by Town of Wooster, as recorded on May 16, 2026. The contract value is Tax exemption of 75% of real estate taxes on improvements, not less than $1,200,000 and up to $3,500,000 investment.

How much is the Baker Properties Mount Vernon Ltd contract with Town of Wooster worth?

The Baker Properties Mount Vernon Ltd contract with Town of Wooster is valued at Tax exemption of 75% of real estate taxes on improvements, not less than $1,200,000 and up to $3,500,000 investment, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Wooster City Council Agenda Packet May 18 2026 (AgendaPacket), dated May 16, 2026 from Town of Wooster. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Baker Properties Mount Vernon Ltd hold?

Baker Properties Mount Vernon Ltd may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Baker Properties Mount Vernon Ltd's profile

What is Town of Wooster currently buying?

Explore Town of Wooster's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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